2016 Maryland Code
Title 7 - Collection Agencies
Subtitle 3 - Licenses
§ 7-303. Approval or denial of application
(a) Time limit. -- Within 60 days after an applicant submits an application for a license and pays the application fee, the Board shall approve or deny the application.
(b) Qualifications. -- To qualify for a license, an applicant shall satisfy the Board that the applicant is of good moral character and has sufficient financial responsibility, business experience, and general fitness to:
(1) engage in business as a collection agency;
(2) warrant the belief that the business will be conducted lawfully, honestly, fairly, and efficiently; and
(3) command the confidence of the public.
(c) Denial of application. -- The Board may deny an application for a license to any person who:
(1) has committed any act that would be a ground for reprimand, suspension, or revocation of a license under this subtitle; or
(2) otherwise fails to meet the requirements for licensure.
(d) Hearing. --
(1) The denial of an application under this section is subject to the hearing provisions of § 7-309 of this subtitle.
(2) An applicant who seeks a hearing on a license application denial shall file a written request for a hearing within 45 days following receipt of the notice to the applicant of the applicant's right to a hearing.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.